Got an interview opportunity at an IB recently for an Analyst role. I’m a Senior consultant with a Masters Degree with 2 years of work experience. When I asked if they’d offer me Associate instead of Analyst, they said that no one from B4 exits to an IB at associate with just 2 years of work ex. Is this true? Please offer any advise on how I should proceed further. Thanks.

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To be an IB associate, you need 2 years of IB experience at least. 2 years B4 won’t cut it.

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You should do this. If you want a career in banking you’ll be better if you start as An analyst

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You’d come in as a first year analyst. Big scheme of things, not a big deal. Now, it may feel odd. If you wanna do banking go for it - signed an ex banker who got an early promo to SC

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It’s easy to go from banking to consulting. Not the other way around. Example A) mba associates are literally awful at their job haha. Made no sense how they were paid double me as an analyst

You’ll make a ton of more money in banking. Don’t look at it as a step back but look at the advantage you’ll have with 2 years of corporate experience ahead of your analyst peers straight out of undergrad.

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At my banking internship there’s a relatively old vp who started ib at the age of 28, he enjoyed it and didn’t regret.

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If you come in as an associate with no prior banking experience your analysts will be running circles around you. Banking industry is an apprenticeship and you must put in the hours to move up

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Are you coming in as an entry level analyst or an experienced one?

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